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The minutes also said that the economic outlook remains highly uncertain and the risks are skewed to the downside. The majority of the MPC want to wait for the first quarter growth figures in early April before deciding whether to begin tightening … 36 Vote(s) Read More Exchange Rates British Pound moves higher, MPC to [...]

The System Integration segment is engaged in the development of systems, the manufacture and sale of ERP products, CAD/CAM/CAE solutions, as well as the electrical and local area network (LAN) construction businesses. The Service and Support segment … 32 Vote(s) Read More AUTODESK NPV Creating Playground Rides That Are Safe and Fun with Autodesk

The Eurusd has settled into a descending channel on the daily timeframe, and the 4-hour is in the process of a bullish breakout above that channel resistance at 1.3690. 43 Vote(s) Read More Eurusd Defiant As Always

The Euro rallied against the US Dollar as market attention again turned to a more hawkish European Central Bank. That helped overcome the tensions in the Middle East. In the UK, BoE Minutes showed a 3rd member of the MPC voting for an interest ra 25 Vote(s) Read More EUR and GBP Lifted by Interest [...]

In the consumer sector today newsflow has been somewhat mixed. Firstly in France, Accor has reported a FY EBIT of E446 million compared to the E235 million last year. This was in-line with analysts’ estimates of E441 million, however shares in the … 27 Vote(s) Read More Euro CDS Investors Sidelined Awaiting Libya News

The Swiss franc jumped today, rising to the highest level in three weeks versus the US dollar, as the tensions in Middle East intensified, driving investors to the safer assets.(…)Read the rest of Swiss Franc Gains on Tensions in Libya (75 words) Posted on Forex News. Read More Swiss Franc Gains on Tensions in Libya

The New Zealand dollar slumped today against all other 16 most-traded currencies after the earthquake strengthened the risk-aversion mood on the markets.(…)Read the rest of New Zealand Dollar Tumbles After Earthquake (56 words) Posted on Forex News. Read More New Zealand Dollar Tumbles After Earthquake

The Japanese yen strengthened yesterday, reaching the highest level in a week against the euro, as the turmoil in Libya increased demand for the safe currencies. Today the yen weakened somewhat.(…)Read the rest of Japanese Yen Profits from Uprising in Libya (131 words) Posted on Forex News. Read More Japanese Yen Profits from Uprising in Libya

The New Zealand dollar recovered today slightly, after yesterday’s decline on the earthquake in Christchurch, on the speculation that the markets overestimated the probability of interest rates cuts.(…)Read the rest of NZD Recovers on Speculation Earthquake Won’t Cause Rate-Cut (163 words) Posted on Forex News. Read More NZD Recovers on Speculation Earthquake Wont Cause RateCut